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May Startup Sentiment Index™ Shows Over 74% of Aspiring Business Owners Expect to Start Up Within The Next 6 Months

NORFOLK, Va., June 2, 2021 /PRNewswire/ — Entrepreneurs who agree or strongly agree that “now is a good time to start a business” reached 67% in May, up from April’s reading at 65.4% of respondents, and the second-highest in 11 months. FranchiseInsights.com compiles monthly the Small Business Startup Sentiment Index (SSI) of individuals who have recently inquired about businesses for sale.

The most recent Startup Sentiment Index survey was conducted May 20-27, 2021, as U.S. adult vaccination rates approached 63% and states relaxed business and travel restrictions as the Memorial Day holiday weekend approached.

Additional highlights:

  • Future business conditions: Respondents see further improvement ahead, with 51.4% of respondents believing that, in three months, business conditions will be “better” or “much better” than now.
  • Access to funding: The percentage of entrepreneurs concerned over acquiring adequate funding was essentially…

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